🚨 XAU/USD Trade Signal 📉

📍 Pivot Level: 4,383.000

🔴 SELL Setup (Below 4,383.000) - Our preference: The downside prevails as long as 4,383 is resistance
🎯 TP1: 4,275.000
🎯 TP2: 4,244.000
🎯 TP3: 4,214.000

💡 The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 4,335 and 4,348). The Gold is trading below its lower Bollinger band (standing at 4,317).

🟢 BUY Setup (Above 4,383.000)
🎯 TP1: 4,434.000
🎯 TP2: 4,465.000

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